New Listing - 01/11/2025
777-779 Bedford DRIVE, #779, Lehigh Acres, FL, 33974
0 beds
2005
2,306 sqft
Investment Opportunity in Lehigh Acres – Well-Maintained Duplex with New Roof, 7.25% Cap Rate, and 5% Cash-on-Cash Return! Welcome to 779 Bedford Dr, a prime investment property in the thriving community of Lehigh Acres, FL. This charming duplex offers reliable income and impressive returns, making it an excellent opportunity for both investors and owner-occupants. Key Features: Brand-New Roof (2023): Recently replaced for durability and reduced maintenance costs. Clean 4-Point Inspection: Completed to meet insurance requirements, providing added peace of mind. Strong Financials: Cap Rate: 7.25% Cash-on-Cash Return: 5% Annual Income: Approximately $43,875 Operating Expenses: $10,074.38 Net Operating Income (NOI): $35,400.63 Rental Upside: Potential to increase rents upon lease renewal, boosting future returns. Well-Maintained Systems: HVAC systems, septic system, and wells are all in excellent working condition. Turnkey Appeal: This property is move-in ready and highly attractive to tenants, ensuring immediate income potential. Prime Location: Situated in Lehigh Acres, a rapidly growing area with strong tenant demand, this duplex benefits from proximity to schools, local amenities, and major transportation routes. Why Invest? With a 7.25% cap rate and 5% cash-on-cash return, this property offers solid profitability and long-term growth potential. Minimal maintenance concerns and the opportunity for rent adjustments make it a smart addition to any portfolio. Don't miss out on this high-performing asset in one of Florida's most dynamic markets. Contact us today to schedule a viewing and explore the benefits of owning 779 Bedford Dr!
Status:
Active
Type:
Multi-family
Laundry Remarks:
In Garage
Units:
2
Subdivision:
LEHIGH ACRES
Garage:
2-car
Heating:
Central
Cooling:
Central Air
Acreage:
0.29
Est. Taxes:
$4,443
Construction
Stucco
Utilities
Public
MLS #:
TB8337818
Community Info
School Info
Walk Score
Yelp
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Listing courtesy of LPT Realty Phone: 877-366-2213